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Message [Page 1 of 1]
CTCE EGM Wed Mar 27, 2019 3:30 pm
Re: WHAT ABOUT CTCE EGM Wed Mar 27, 2019 3:51 pm Re: WHAT ABOUT CTCE EGM Wed Mar 27, 2019 3:55 pm
@lokka1 wrote:All of the resolutions were approved. You will get the Rs. 25 dividend and the buy back of shares at Rs. 2500.00
lokka1
,there were long queue for parking so i came office. Re: WHAT ABOUT CTCE EGM Wed Mar 27, 2019 6:48 pm Re: WHAT ABOUT CTCE EGM Wed Mar 27, 2019 7:51 pm
There is fb msg for u@EGG wrote:Thanks for the update. Appreciate it.
Re: WHAT ABOUT CTCE EGM Thu Mar 28, 2019 5:50 pm Re: WHAT ABOUT CTCE EGM Thu Mar 28, 2019 10:27 pm CTCE EGM Fri Mar 29, 2019 12:20 pmI checked with the AIA secretary about this. She said once the SEC gives approval to de-list it will take about a month to get their approval and another two more weeks to disburse the money. She also said the share holders will receive the Rs. 2500 without any deductions. So I suppose that is good news.@Agape wrote:The Chqs will be most probably sent in early May19 given the New Yr Holidays-For Margin Ac Holders the chq will be sent direct to the Margin provider.I do believe that also there will be a WHT @ 14% -So the full Rs 2,500\= will not be paid-My understanding is that WHT will be deducted on the Difference betwen the Buyback Price and the closing MV on the date of Announceent-Thus WHT will be Rs (2,500-1,550)@14%=Rs133\=per share.
Re: WHAT ABOUT CTCE EGM Fri Mar 29, 2019 6:00 pm Message [Page 1 of 1]
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